{"id":4109,"date":"2024-12-12T10:17:15","date_gmt":"2024-12-12T10:17:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4109"},"modified":"2024-12-12T10:17:15","modified_gmt":"2024-12-12T10:17:15","slug":"will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4109","title":{"rendered":"Will Google&#8217;s New &#8216;Willow&#8217; Chip Break Bitcoin? Some Dismiss It As &#8216;Fantasy&#8217; While Others Flag &#8216;Risk&#8217; That Isn&#8217;t Immediate"},"content":{"rendered":"<div>\n<p><strong>Alphabet Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GOOG#NASDAQ\">GOOG<\/a>) (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GOOGL#NASDAQ\">GOOGL<\/a>) subsidiary <strong>Google&#8217;s<\/strong> unveiling of its next-generation quantum chip, &#8220;Willow&#8221; has sent ripples through the tech world, with its lightning-fast computation capabilities stoking concerns for <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and other cryptocurrencies.<\/p>\n<p><strong>What happened<\/strong>: The new chip, developed at the company&#8217;s California quantum lab, can solve a standard benchmark computation in under five minutes, a <a href=\"https:\/\/www.benzinga.com\/24\/12\/42397333\/google-quantum-ais-willow-chip-outsmarts-supercomputers-completing-tasks-in-minutes-that-would-take-10-septillion-years\">task that would take the world\u2019s fastest supercomputers 10 septillions<\/a>, or 10^25, years to solve.<\/p>\n<p>The fear is, it would break the much-vaunted Bitcoin security.<\/p>\n<p>For context, Bitcoin&#8217;s decentralized and trustless structure is powered by cryptography\u2014a practice of coding information to keep it secure and only readable by the intended recipient. <\/p>\n<p><strong>See Also: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42452819\/trump-backed-world-liberty-financial-bags-10m-in-ethereum-whats-going-on\">Trump-Backed World Liberty Financial Bags $10M In Ethereum: What\u2019s Going On?<\/a><\/strong><\/p>\n<p>A widely followed X user, going by the pseudonym <strong>John Trades MBA,<\/strong> made a sweeping remark on the new chip\u2019s impact on Bitcoin\u2019s mining.<\/p>\n<p>&#8220;If Google quantum chip Willow is really that good they could mine all the remaining Bitcoin. 1.1 million Bitcoins are left to be mined worth $110 billion.&#8221;<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If <a href=\"https:\/\/twitter.com\/search?q=%24Google&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Google<\/a> quantum chip Willow is &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42455205\/will-googles-new-willow-chip-break-bitcoin-some-dismiss-it-as-fantasy-while-others-flag-risk-that-isnt-immediate\" alt=\"Will\" google new chip break bitcoin some dismiss it as while others flag that isn immediate>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google&#8217;s unveiling of its next-generation quantum chip, &#8220;Willow&#8221; has sent ripples through the tech world, with its lightning-fast computation capabilities stoking concerns for Bitcoin (CRYPTO: BTC) and other cryptocurrencies. What happened: The new chip, developed at the company&#8217;s California quantum lab, can solve a standard benchmark computation in under five [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4109","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4109"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4109\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}